Conservation fund

Ontario's Conservation Fund supports innovative technologies, research and projects that are designed to improve energy efficiency, improve energy conservation or change the time-of-day that people draw power. 100% funding is available up to $100,000 for strategic research. 75% funding is available for pre-commercial projects up to $500,000.

Eligibility

• Virtually all groups are eligible, including corporations, industry associations, educational institutions and public sector organizations
• This fund is not available for individuals

Eligible program examples include:

• Testing programmable thermostats in new applications
• Load balancing of electric vehicle charging stations
• Launching new or revised energy conservation programs
• Verify the effectiveness of an energy monitoring program
• Research studies designed to lead to pre-commercial pilot projects

Available funding

• Most pre-commercial projects and training programs are funded at 75%, from $250,000 to $500,000
• Research is funded at 100%, up to $100,000
• Exceptional pilot projects may be funded at 50%, up to $1,000,00

This funding program accepts applications throughout the year.

How can BDO help?

BDO's Advisory Services Group can connect you with the most suitable government grants and incentives to ensure you receive the maximum amount of funding possible. We can assist in activity scoping and the application process, as well as provide a strategic approach in determining how government grants and incentives fit into your company's future growth plans.

For more information, contact your local BDO office.